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The Fable of the Bees, Or, Private Vices, Publick Benefits (2 Volume Set)
J. Tonson, 1725-01-01. J. Tonson, 1725-01-01. Hardcover. Very Good. 2 volume set. Contemporary 18th Century Cambridge style binding. Rebacked. 1st volume, J. Tonson’s 4th ed from 1725. Second volume "Printed: And Sold by J. Roberts," 1729. Collated. [16] 477 [1]; [2] xxxi [1] 432 [24] pp. "Mandeville published in 1705 a doggerel poem called 'The grumbling hive, or Knaves turned honest' ... In 1714 it was republished anonymously with an 'Inquiry into the origin of moral virtue, ' and a series of notes, under the title 'The fable of the bees, or Private vices publick benefits."--Dictionary of National Biography. Goldsmiths'-Kress no. 06642. Mandeville’s work had important influence on the political economic ideas of Adam Smith. His work can be seen as an early argument for laissez-faire that laid foundations for classical liberalism and later utilitarianism. In this work, Mandeville argues that if left to their free course, private vices would ultimately result for the public good. The Austrian economist, Friedrich Hayek praised Mandeville’s work for its ”twin ideas of evolution and spontaneous formation of an order.” “In his General Theory, Keynes cited Mandeville as a source for his position in emphasizing the positive effects of consumption (aggregate demand). This stood in opposition to classical economics who held up production (aggregate supply) as the motor of economic growth.” Phyllis Vandenberg.

Volume one includes: The grumbling hive, or, Knaves turn'd honest --An enquiry into the origin of moral virtue --An essay on charity and charity-schools --A search into the nature of society --A vindication of the book, from the aspersions contain'd in a presentment of the grand jury of Middlesex, and an abusive letter to Lord C.

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Last Found On: 2014-05-04           Check availability:      Biblio    

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